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Adani Total Gas (NSE:ATGL) Total Assets : ₹65,919 Mil (As of Mar. 2024)


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What is Adani Total Gas Total Assets?

Adani Total Gas's Total Assets for the quarter that ended in Mar. 2024 was ₹65,919 Mil.

Warning Sign:

If a company builds assets at 29.4% a year, faster than its revenue growth rate of 25.3% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Adani Total Gas's average Total Assets Growth Rate was 15.30% per year. During the past 3 years, the average Total Assets Growth Rate was 26.40% per year. During the past 5 years, the average Total Assets Growth Rate was 29.40% per year.

During the past 10 years, Adani Total Gas's highest 3-Year average Total Assets Growth Rate was 34.20%. The lowest was 5.60%. And the median was 26.40%.

Total Assets is connected with ROA %. Adani Total Gas's annualized ROA % for the quarter that ended in Mar. 2024 was 10.19%. Total Assets is also linked to Revenue through Asset Turnover. Adani Total Gas's Asset Turnover for the quarter that ended in Mar. 2024 was 0.17.


Adani Total Gas Total Assets Historical Data

The historical data trend for Adani Total Gas's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Adani Total Gas Total Assets Chart

Adani Total Gas Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24,763.20 32,036.40 44,152.50 56,453.00 65,918.60

Adani Total Gas Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 56,453.00 - 59,426.00 - 65,918.60

Adani Total Gas Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Adani Total Gas's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (A: Mar. 2024 )+Total Liabilities (A: Mar. 2024 )
=35803.2+30115.4
=65,919

Adani Total Gas's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=35803.2+30115.4
=65,919

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Adani Total Gas  (NSE:ATGL) Total Assets Explanation

Total Assets is connected with ROA %.

Adani Total Gas's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=6718.4/( (0+65918.6)/ 1 )
=6718.4/65918.6
=10.19 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Adani Total Gas's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=11377.1/( (0+65918.6)/ 1 )
=11377.1/65918.6
=0.17

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Adani Total Gas Total Assets Related Terms

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Adani Total Gas (NSE:ATGL) Business Description

Traded in Other Exchanges
Address
S. G. Highway, Near Vaishno Devi Circle, Adani Corporate House, Shantigram, Khodiyar, Ahmedabad, GJ, IND, 382421
Adani Total Gas Ltd is developing City Gas Distribution (CGD) Networks to supply the Piped Natural Gas (PNG) to the Industrial, Commercial, Domestic (residential) and Compressed Natural Gas (CNG) to the transport sector. Geographically, the group has set up gas distribution networks in Ahmedabad and Vadodara in Gujarat, Faridabad in Haryana and Khurja in Uttar Pradesh.